James Bramble Sells 25,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) insider James Bramble sold 25,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total value of $351,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

eXp World Trading Down 2.6 %

eXp World stock opened at $13.56 on Friday. The firm’s fifty day moving average is $13.50 and its 200 day moving average is $12.49. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $17.11.

eXp World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Monday, November 18th. eXp World’s dividend payout ratio is currently -90.91%.

Institutional Trading of eXp World

Several institutional investors and hedge funds have recently modified their holdings of the stock. Point72 DIFC Ltd purchased a new position in eXp World in the second quarter valued at about $26,000. Meeder Asset Management Inc. purchased a new position in eXp World during the second quarter worth about $29,000. Allspring Global Investments Holdings LLC bought a new position in shares of eXp World in the third quarter worth approximately $30,000. Point72 Hong Kong Ltd bought a new position in shares of eXp World in the 3rd quarter worth $34,000. Finally, nVerses Capital LLC increased its stake in eXp World by 102.2% in the second quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock valued at $103,000 after acquiring an additional 4,600 shares during the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. DA Davidson lifted their price target on eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a research note on Thursday, August 1st. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a report on Tuesday, July 23rd.

About eXp World

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.